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Peoria Standard

Sunday, May 12, 2024

LaHood Opposes Debt Increase Bill

Lahood

Congressman Darin LaHood | Congressman Darin LaHood Official Website

Congressman Darin LaHood | Congressman Darin LaHood Official Website

"While I appreciate the hard work of Speaker McCarthy and Republican negotiators to force President Biden to the table and get Democrat concessions, I cannot support the agreement in its current form as the bill allows unlimited borrowing over the next two years and does not take long-term steps to address our debt crisis.

 "Illinois families who work hard must meet budgets and spend money within their means, and it is long past time that the federal government do the same. That's why I joined House Republicans to responsibly raise the debt limit and pass the Limit, Save, Grow Act last month, legislation to significantly reform Washington's spending addiction. 

"As I've listened to residents of central and northwestern Illinois this past week, it is clear that 16th District constituents do not want unlimited COVID-19 level deficit spending that continues to kick the can down the road and places the burden on our children and grandchildren.

"Therefore, I opposed the legislation."

Original source can be found here.

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